Ofcom opens up to telecom mergers as UK innovation risks falling behind February 9, 2022 Ofcom has revealed that it may be increasingly open-minded to mergers as the telecoms landscape continues to evolve and consumers look for better connectivity.
BT set to outsource supply chain impacting 300 jobs as part of cost-cutting scheme February 9, 2022 Telecoms giant BT announced this morning that it plans to outsource its supply chain across the UK as part of a new, long-term relationship with GXO Logistics. BT’s supply chain provides logistics support across all BT’s operations, including supporting the group’s fixed and mobile network build activities. The new partnership with GXO forms part of [...]
UK broadband and pay TV complaints at an ‘all-time low’ says Ofcom February 8, 2022 Ofcom has revealed that the number of complaints received between July and September last year across broadband, landline and pay TV companies were at an all-time low. From its latest league table, TalkTalk and Shell Energy had the most broadband complaints, primarily due to faults and service issues. With the industry average being 10 complaints per every 100,000 [...]
BT in negotiations with US rival Discovery to create new sports channel February 3, 2022 BT has revealed it is in exclusive negotiations with US media giant Discovery to create a joint venture for its sports business.
Openreach chief pulls out of Ofcom chair race February 1, 2022 Chairman of Openreach, BT Group's broadband infrastructure arm, has pulled out of the race to lead Ofcom according to Whitehall sources.
Virgin Media O2 owners raising fresh capital to supercharge fast fibre broadband roll out January 31, 2022 Virgin Media O2’s owners are looking to raise hundreds of millions of pounds from investors as the merged firm looks to ramp up investment into fibre broadband across the country.
Vodafone feels the pressure after activist investor Cevian builds a stake January 31, 2022 Voadafone is expected to speed up an organisational overhaul after it was revealed that a notorious activist investor had taken a stake in the firm.
Ladbrokes owner Entain to launch £40m innovation hub in London January 31, 2022 Ladbrokes and Sportingbet owner Entain will launch a £40m global innovation hub in London as it looks to accelerate its expansion into entertainment.
BT investors to find out if Omicron absences hit broadband rollout and what Patrick Drahi’s plans are January 31, 2022 BT shareholders and investors will find out this week whether the company’s full fibre broadband rollout was negatively affected by the Omicron surge over the festive period. Several companies have reported major staff shortages during the latest wave and BT may be no different. In November, BT said it had reached six million homes and [...]
Week ahead: City braces for another Bank of England rate hike January 30, 2022 All eyes will be on Threadneedle Street this week as the City braces for another rate hike from the Bank of England. The Old Lady is widely expected to lift borrowing costs again on Thursday, marking the first time the central bank has hiked rates at successive meetings since 2004. The Bank lifted rates for [...]